Former FTX CEO Sam Bankman-Fried Admits to Bad Decisions in Collapse

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FTX,CEO,Sam Bankman-Fried

Disgraced former FTX CEO and Democrat mega donor Sam Bankman-Fried admits to making bad decisions in 2022, leading to the collapse of the digital currency exchange and loss of billions of dollars. He expresses remorse for the customers and investors affected.

Disgraced former FTX CEO and Democrat mega donor Sam Bankman-Fried said on Tuesday he is “haunted” by his management decisions, which led to the collapse of the digital currency exchange and billions of dollars of customers and investors’ funds lost.in his first post-sentencing interview. He admitted that the collapse of FTX was the result of several “bad decisions” he made in 2022.

“I’ve heard and seen the despair, frustration and sense of betrayal from thousands of customers; they deserve to be paid in full, at current price. That could and should have happened in November 2022, and it could and should happen today. It’s excruciating to see them waiting, day after day,” he continued. FTX founder Sam Bankman-Fried (second on left) is led away in handcuffs by officers of the Royal Bahamas Police Force in Nassau, Bahamas, on December 13, 202

 

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